Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 25 ISSUE 2
Written by Dumitru Florin FRONE, Simona FRONE
The EU has set the move to the circular economy (CE) as a strategic goal. Therefore, eco-innovation initiatives are adopting a new strategy that combines environmental protection with concerns about resource and economic efficiency. Finding eco-innovation's characteristics and trends for the shift to a circular economy is the aim of this paper. It begins with a conceptual analysis of eco-innovation and its tenets from the perspectives of sustainable development and the market circular economy. To highlight the importance of innovation and open eco-innovation (OI and OEI) for the development and efficient operation of circular economy enterprises in the food sector, examples of circular collaborative eco-innovative business models are studied. The main trends of the EU's eco-innovation index from 2014 to 2024i s finally covered, along with state-to-state differences and Romania's position. The conclusions suggest perspectives, challenges, and future research directions.
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